We are delighted to announce that we have joined companies such as Aviva, TSB and Schroders Personal Wealth, in signing up to the Good Business Charter (GBC), an accreditation that seeks to raise the bar on business practices for employees, tax, the environment, customers and suppliers.
The Good Business Charter exists for all UK companies, charities and public sector organisations across all industries and sectors. At a time when people are caring more about who they work for and who they buy from, the GBC offers a straightforward accreditation, recognising organisations that prioritise and value their employees, customers, suppliers and the environment, whilst also paying their taxes according to the spirit of the law.
It has never been more important for businesses to build trust and show that they care about more than just profit. Therefore, the GBC and its members seek to inspire many other businesses to follow suit.
Chairman of the GBC Board, Simon Fox, said: “The Good Business Charter brings together 10 standards, most of which already exist, but in separate places. We have brought them together to give a coherent overall position for businesses to aspire to. We believe that the GBC has enormous potential to change business practice for good.”
The Good Business Charter was developed, and is overseen by, the Good Business Foundation, an independent charity established in 2019 by entrepreneur Julian Richer.
The Charter is a simple accreditation which organisations in the UK can sign up to in recognition of responsible business practices. It measures behaviour over ten components (nine for charities and public sector): real living wage; fairer hours and contracts; employee well-being; employee representation; equality, diversity and inclusion; environmental responsibility; paying fair tax; commitment to customers; ethical sourcing, and prompt payment.
An organisation must meet all ten components (nine for charities and public sector) to receive GBC accreditation. It is open to private sector, public sector and charities of all sizes including a streamlined version for organisations with 50 employees or fewer.
The Good Business Charter is an initiative of the Good Business Foundation, charity number 1186547, company number 12278437. See members directory here.
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